Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Elkhorn area can be challenging. Home prices in Elkhorn are now at a median cost of $99,541, lower than the Tennessee average of $218,916.
The average cost of rent is $689/mo in Elkhorn, primarily driven by the current value of real estate in the Elkhorn area. While nearly 59.12% of residents own their homes outright in Elkhorn, 31.97% rent.
Housing affordability isn’t just about home prices, though. The average household income in Elkhorn is $2,953 per month. Households that rent pay about 23.33% of their income on rent here. Elkhorn's most expensive areas are in the northern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Routon, TN: less expensive homes
- Paris, TN: higher priced homes
- Osage, TN: higher priced homes
- Van Dyke, TN: higher priced homes
- Whitlock, TN: equally priced homes
- Henry, TN: less expensive homes
- India, TN: higher priced homes
- Jones Mill, TN: higher priced homes
- Mansfield, TN: less expensive homes
- Tumbling, TN: equally priced homes
Cities with Similar Populations
- Woodside, OH: higher priced homes
- Daisy, OK: higher priced homes
- Clifton Mills, WV: higher priced homes
- Cisna Run, PA: higher priced homes
- Chest Springs, PA: higher priced homes
- Chartley, MA: higher priced homes
- Casville, NC: higher priced homes
- Carrabelle Beach, FL: higher priced homes
- Carmona, TX: equally priced homes
- Winchester, WI: higher priced homes
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